MLM - Network Marketing Business - Top 10 Things I Wish I Knew When I Started

First of... I think Network Marketing is the best business anyone trying to get away from the "rat race" of being an employee could ever find. It gives you a way to start your own business part -time and still have an income coming in until you can take your new business full-time. However, there are at least 10 things I wish I knew before starting my network marketing, mlm, affiliate marketing, home based business, what ever you want to call it business. Let me save you the many, many years of searching, hundreds of hours of trainings, and thousands upon thousands of dollars spent on flying to seminars, buying audio tapes, CDs, DVDs, and books it took me to find these things out. If you want to be successful in network marketing you must keep these things in mind when first starting out.

#10 YOU MUST HAVE A SINCERE DESIRE TO MAKE BIG MONEY If you do not have the desire to do what ever it takes -for as long as it takes to make your business successful DON'T EVEN START. You will only give yourself excuses of why you are not being successful and end up not only quitting on yourself... but most likely blaming your sponsor, your company, your cat and your dog... for your lack of desire. Desire = NEVER QUIT Attitude!

#9 YOU MUST COMMIT TO DOING YOUR BUSINESS A MINIMUM OF 1 HR/DAY In reality you would want to spend not less than 10-12 hours per week. That does not include your training, reading personal development books, or cleaning your office!

#8 YOU MUST SPEAK TO OTHER PEOPLE EVERYDAY There are different thoughts on how many people you should to talk per day. All the top leaders I have ever come across say a minimum of 10, but most have talked to at least 30+. You have to decide how fast you want your business to grow... the more people that hear your message per day that faster your business will grow. And remember when speaking with someone EXITEMENT is key!

#7 UNDERSTAND WEALTH All wealth can be traced back to spending time with the "right" people. The "right" people don't get stuck in getting started. They see a vision of what could be and race towards it!

#6 YOU MUST UNDERSTAND HOW PEOPLE FAIL If you understand that most people fail because they spend too much time talking to the wrong people, you would know to only look spend time with the right ones. THE RIGHT ones don't get suck in getting started, have the time and money to start their business or find the time and money. THE RIGHT ARE COACHABLE!

#5 DEFINE WHAT WILL CAUSE YOU TO STOP Ask yourself what will cause you to quit. Define the things you are not willing to do. This definition of what would stop you... must be done with the attitude of "NEVER QUIT" in mind. Then in your road to success avoid doing any of these things and go around the stumbling blocks some else puts in front of you.

#4 CREATE A GOAL BIGGER THAN YOURSELF Put in front of you that what you are doing will help other people. Set as your goal helping others and then set out to achieve it. When it is no longer about you, but it's about helping others you will find focus and this new found focus will carry you through the down times.

# 3 YOU MUST BE COACHABLE If you think you know everything... your wrong! What I have found out is that no one person has all the answers. No matter how much experience you might have you must remain "coachable".

# 2 PICKING YOUR SPONSOR You know the main reason most people fail in network marketing is that they only receive training from their sponsor. Signing up with a sponsor that doesn't lead you to the right training -can only lead your new business to disaster. Sponsor to Rookie training is not a good thing. The industry has always left it up to your sponsor to get you all the information you might need as a newbie. Unfortunately, most sponsors are "rookies" themselves! So make sure your sponsor has a personal relationship with the leaders of the company. Make sure you get their contact information. If you are already in a business make sure you network with the leaders of the company at company events. Learning from someone that has "been there, done that" is the easiest way to succeed!

#1 MUST NEVER RUN OUT OF PEOPLE TO TALK TO This is something you must know upfront. You can't count on becoming a super star by only talking to five to ten friends. Number 8 sort of tells you this, but if you make a list of 100 friends and business associates... what are you going to do after the first week? There are many ways to never run out of people to talk. Leaving a flyer on a bunch of cars at Wal-Mart is not going to do it! You either have a huge number of "resources" - that's biz talk for 'people'...or you have to go out and find more resources. In my next article I will let you know more about how to never run out of potential business associates!

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